Global Sources adds office space in China

Published on September 03, 2004.

Hong Kong—Continuing its big bet on China’s economic future, Global Sources Ltd. announced Tuesday that it has purchased new office space in Shenzhen, Guangdong Province. The company spent $19 million to purchase 9,000 square meters on four floors in the Shenzhen International Chamber of Commerce Tower. Global Sources also secured a loan for $11.4 million from the Bank of East Asia to finance the transaction.